The digital asset team under Franklin Templeton warns in its latest report that although adopting cryptocurrency as a treasury asset strategy has advantages such as capital premium, asset appreciation, and pledge returns, if market volatility causes the company's market value to net asset ratio (M/NAV) to fall below 1, it will face risks such as financing obstruction and shareholder dilution, triggering a negative feedback spiral and forming a "dangerous" downward cycle. (TheBlock) http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=44997